NSE Nifty approaches record high, tracking Asian shares

Aug 27 2014, 11:41 IST
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SummaryIndia's NSE Nifty index is up 0.4 percent, approaching record high of 7,968.25 hit on Monday.

India's NSE Nifty index is up 0.4 percent, approaching record high of 7,968.25 hit on Monday.

Blue-chips gain, tracking stronger Asian markets on speculation of further stimulus in the Euro Zone.

Foreign investors bought Indian shares worth of $60.4 million on Tuesday, totalling nearly $13 billion in 2014 so far.

ICICI Bank Ltd gains 1.9 percent, Tata Motors Ltd is up 1.9 percent.

Indian companies with significant sales to Europe gain: Havells India Ltd surges 5.2 percent.

India's April-June growth data, balance of payment and derivative expiry on watch.

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